News
Noble Foods introduces salmonella scheme
Noble Foods has launched an innovative new scheme to provide egg producers with free of charge salmonella insurance from 1 January 2009.
Hub makes another acquisition
Hub International Limited (Hub) announced today that it has acquired the assets of Colorado-based employee benefits broker and consultant Gemini Group for an undisclosed sum.
Pricing for 1 July renewals expected to remain firm - Aon Benfield
Global reinsurance prices firmed for January 1, 2009 renewals and are expected to remain firm at the April through July 2009 renewals, research from Aon Benfield said.
Bluefin launches
Axa-owned broker Venture Preference has launched its new brand Bluefin today.
Law firm opens in Lloyd’s of London
Regional law firm Furley Page will open a London office in the Lloyd's of London building.
PartnerRe US head retires
Scott Moore, president and CEO of PartnerRe U.S., is to stand down, the company said in a statement. He will be replaced by Tad Walker, chief underwriting officer of PartnerRe U.S., succeeds Mr. Moore as the operation's president and CEO. Mr Moore will…
Lloyd's gets Guernsey licence
Lloyd's, the world's leading specialist insurer, has obtained a licence to write direct general insurance business in Guernsey.
Global insurance M&A activity expected to rise
(BESTWIRE) - Global merger and acquisition activities in the insurance sector reached $108bn in 2008, down 17% from the previous year, according to global deal tracking firm Dealogic.
MMC names head of new agency
(BESTWIRE) Marsh & McLennan Cos. has named industry veteran David Eslick to be chairman of Marsh & McLennan Agency LLC, its new unit targeting small and midsize businesses around the United States.
Managing agency approved by Lloyd's
A new managing agency formed to manage the Sportscover syndicate, 3334 SCS has been approved by the Financial Services Authority and Lloyd's.
Earthquakes strike Indonesia
A series of strong earthquakes shook the West Papua province of Indonesia over the past weekend, catastrophe business AIR Worldwide has reported.
Ironshore snags AIG heavyweights for new environmental division
Ironshore has snagged environmental insurance industry heavyweights Joe Boren and John O'Brien from AIG to start its new environmental insurance business.
Hardy increases underwriting capacity for Syndicate 382
Hardy Underwriting Bermuda Limited (LSE: HDU), the specialist Lloyd's insurer/reinsurer, today announces that the underwriting capacity of syndicate 382 for 2009 has been increased from £185m to £250m.
AIG Environmental names new boss
AIG has named Russell Johnston president and chief executive officer of AIG's pollution liability insurer AIG Environmental, a unit of AIG Commercial Insurance.
Insurance law firm swoops for cat loss specialist
Morgan Cole has acquired Bristol-based CIP Solicitors, a specialist in large loss and catastrophic injury work, it announced today.
Max Capital gives Q4 investment return estimates
Max Capital Group, the Bermudian (re)insurer, said that it estimates that the total return on its overall investment portfolio, including unrealized gains and losses, for the quarter ended December 31, 2008 is positive 1% and for the year ended December…
Randall & Quilter makes acquisition
Randall & Quilter, the AIM traded insurance service provider and acquirer of solvent insurance companies in run-off, has acquired Bermuda-based accounting and management service firms Quest Management Services Limited, Quest (SAC) Limited and Sentry…
Fleet team joins Cobra
Lloyd's broker Cobra London Markets has strengthened its motor fleet broking team with the appointment of four more brokers.
Insurance law firm to open in Brazil
Barlow Lyde & Gilbert plans to open an office in São Paulo this year, it has revealed.
Lloyd's targets Nordic region
Lloyd's has appointed Erik Börjesson as its first Nordic area manager.
Law firm Stephenson Harwood makes new Asia hire
International law firm Stephenson Harwood has hired insurance specialist Steven Dewhurst, an insurance specialist, with contentious and non-contentious experience of advising insurers, reinsurers and insurance intermediaries. He joins from DLA Piper's…
Broker heads to Nashville
Music and entertainment specialist Robertson Taylor, a subsidiary of insurance broker Oxygen, has opened a new office in Nashville, Tennessee.
Groupama: online uptake up 50%
Groupama Insurances claims brokers using Optima Small Fleet, its product for fleets of between 5 and 15 vehicles, have increased 50% since Since February 2008.
Heath Lambert teams up with MedicAlert
Heath Lambert has launched a new insurance programme with MedicAlert to provide a life-saving identification system for individuals with pre-existing medical conditions and allergies.